Stanley Tang

About Stanley Tang

Stanley Tang is DoorDash’s co-founder, Head of DoorDash Labs (robotics and automation) since November 2017, and a continuing Class III director; age 32 as of April 25, 2025, with board service since May 2013 and a current term expiring in 2026 . He previously served as Chief Product Officer from May 2013 to November 2017, worked as a Software Engineer at Meta in 2012, and holds a B.S. in Computer Science from Stanford University .

Past Roles

Organization	Role	Tenure	Committees/Impact
DoorDash	Head of DoorDash Labs (robotics & automation)	Nov 2017 – Present	Internal innovation and automation leader
DoorDash	Chief Product Officer	May 2013 – Nov 2017	Led product; co-founder perspective
Meta Platforms, Inc.	Software Engineer	Jun 2012 – Sep 2012	Early engineering experience

External Roles

Organization	Role	Tenure	Notes
Private company (unspecified)	Director	Not disclosed	Serves on board of a private company

Board Governance

Committee assignments: Not listed as a member of the audit, compensation, or nominating and corporate governance committees; current committee rosters exclude Tang .
Independence: DoorDash’s board determined seven directors are independent under Nasdaq rules; Tang is not included in the independent list (i.e., not independent) .
Attendance and engagement: In FY2024 the board met four times; each director attended at least 75% of board and applicable committee meetings, and all directors attended the 2024 annual meeting .
Voting control interlock: Xu, Fang, and Tang entered a voting agreement and irrevocable proxy granting Xu the authority to vote Fang’s and Tang’s Class B shares—concentrating voting power with the CEO/Chair (governance concentration risk) .
Lead Independent Director: Shona L. Brown serves as Lead Independent Director, providing balance to Xu’s combined CEO/Chair role .

Fixed Compensation

Component	FY2024 Amount	Notes
Director fees	$0	Employee directors (Fang, Tang, Xu) received no director compensation for 2024 .
Base salary (employee)	$337,444	DoorDash employee compensation (Head of Labs) .
401(k) matching	$6,794	Employer match .
Meal benefit tax gross-up	$94	Gross-up for company meal benefit (broad-based policy) .
Total (employee compensation)	$942,629	Includes RSU grant-date fair value (see Performance Compensation) .

Performance Compensation

Grant Date	Instrument	Shares/Units	Vesting Schedule	Terms/Price
10/10/2018	Stock option	31,640	Fully vested and immediately exercisable	$7.16 strike; expires 10/09/2028 .
04/20/2021	RSU	449	1/8 on 08/20/2021; then 14 equal quarterly installments	Time-based vesting .
04/20/2022	RSU	9,970	1/16 on 02/20/2023; then quarterly installments	Time-based vesting .
04/20/2023	RSU	1,244	1/8 on 05/20/2023; then quarterly installments	Time-based vesting .
04/22/2024	RSU	2,939	1/8 on 05/20/2024; then quarterly installments	Time-based vesting .

No performance-vesting (PSU) awards are disclosed for Tang; awards are time-based RSUs plus legacy options .

Other Directorships & Interlocks

Entity	Type	Role	Interlock/Conflict Considerations
DoorDash	Public	Employee-director (co-founder)	Not independent; voting agreement concentrates Class B voting power with Xu .
Private company (unspecified)	Private	Director	No related-party transactions disclosed with DoorDash .

Expertise & Qualifications

Deep technology, product, and robotics/automation expertise via leadership of DoorDash Labs and prior tenure as Chief Product Officer .
Founding experience and operational perspective on marketplace logistics, autonomy, and internal innovation .
Technical academic background: B.S. in Computer Science from Stanford University .

Equity Ownership

As of March 1, 2025	Class	Shares Beneficially Owned	% of Class	Notes/Breakdown
Stanley Tang	Class A	22,982	<1%	Held of record; no RSUs vesting within 60 days disclosed for Class A .
Stanley Tang	Class B	4,413,867	17.4%	100,137 held of record; 4,282,090 in ST Trust (Tang trustee); 31,640 options exercisable within 60 days .
Voting Agreement	N/A	N/A	N/A	Xu holds irrevocable proxy to vote Fang’s and Tang’s Class B shares, concentrating voting control .

Outstanding unvested RSUs at 12/31/2024: 449 (2021 grant), 9,970 (2022 grant), 1,244 (2023 grant), 2,939 (2024 grant) . Option award fully vested; $7.16 strike; 10/09/2028 expiration .

Governance Assessment

Independence and committee work: Tang is an employee-director and not independent under Nasdaq rules; he holds no committee assignments, limiting independent oversight participation—neutral-to-negative for board effectiveness .
Attendance: Met the company’s threshold (≥75%); attended the annual meeting—positive for engagement .
Ownership alignment: Significant Class B ownership and legacy options align financial interests; however, voting proxy to Xu centralizes power, reducing direct accountability of Tang’s voting discretion—mixed signal .
Compensation alignment: Receives employee cash and time-based RSUs; absence of director fees avoids dual compensation, but lack of performance-vesting equity for Tang may dilute pay-for-performance rigor—neutral based on disclosed awards .
Related-party/RED FLAGS: No related-party transactions disclosed specifically involving Tang; insider policy prohibits hedging/pledging; nonetheless, the voting agreement is a governance concentration red flag for minority holders .
Board balance: Lead Independent Director structure and independent committees provide counterweights to management; Tang’s non-independent status is offset at the committee level, but he himself does not contribute independent oversight—contextual mitigation .

RED FLAGS: Not independent; Class B voting proxy to Xu concentrates power; no committee roles (reduced independent oversight participation) .